DALLAS--(BUSINESS WIRE)--Cornerworld Corp. (OTCBB: CWRL) announced today that the Company has launched a new offering with Napster, Inc (NASDAQ: NAPS), the pioneer of digital music, that will provide CornerWorld members with full access to Napster’s complete digital music catalog of more than 5 million music files through the Company’s flagship site,
www.CornerWorld.com.
The new offering is an extension of a distribution agreement with Napster, Inc, signed earlier this year that gives Napster the non-exclusive right to reproduce and distribute to its subscribers original content from Cornerworld members as a part of their digital music store.
Scott Beck, Chief Executive Officer of Cornerworld commented, “The strength of our relationship with Napster is testament to our burgeoning foothold in the world of social networking. Now, along with musicians ability to distribute their original content through Napster’s customer network, Cornerworld users can access every music file within the Napster catalog through CornerWorld.com.” He continued, “We are very excited with the new development and are working diligently to foster relationships with other best-of-breed providers, such as Napster, to enhance the CornerWorld user experience and member growth.”
About CornerWorld Corp.
Cornerworld is a free, groundbreaking business management and social networking platform that empowers independent content creators to share and profit from their skill, offering a mash-up of the best Web 2.0 Building from the lessons and success of its predecessor, Cornerband.com, Cornerworld offers free "business manager" services for anyone with sellable content. From comedians to candidates, musicians, models and movie-makers, Cornerworld is committed to celebrating individuality and fostering creation in an intuitive, trusted, grassroots environment. Cornerworld adds live video feeds and capture to enhance the social networking aspects of content sharing, and inserts new functionality that displays, rates and encourages interaction. Cornerworld is easy to visit and free to join. For more information, visit
http://www.cornerworld.com/news.asp.
FOR FURTHER INFORMATION:
Investors are invited to visit the CornerWorld IR Hub at
http://www.agoracom.com/IR/CornerWorld where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to CWRL@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.
Safe Harbor
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements can be identified by the words, "expects," "continues," "projects," "hopes," "believes," "could," and other similar words. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations and are not statements of fact, actual events and results may differ materially from those projected. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
Contacts
For CornerWorld Corp.
Seventh Circle Consulting, LLC
Investor Relations:
Christine J. Petraglia, 646-354-8886
or
Media Relations:
Kelly Larabee, 602-258-1416
Kelly@envoy2.com